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Fintech: Ecosystem, business models, investment decisions, and challenges

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  • Lee, In
  • Shin, Yong Jae

Abstract

Fintech brings about a new paradigm in which information technology is driving innovation in the financial industry. Fintech is touted as a game changing, disruptive innovation capable of shaking up traditional financial markets. This article introduces a historical view of fintech and discusses the ecosystem of the fintech sector. We then discuss various fintech business models and investment types. This article illustrates the use of real options for fintech investment decisions. Finally, technical and managerial challenges for both fintech startups and traditional financial institutions are discussed.

Suggested Citation

  • Lee, In & Shin, Yong Jae, 2018. "Fintech: Ecosystem, business models, investment decisions, and challenges," Business Horizons, Elsevier, vol. 61(1), pages 35-46.
    • Handle: RePEc:eee:bushor:v:61:y:2018:i:1:p:35-46
    DOI: 10.1016/j.bushor.2017.09.003
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    References listed on IDEAS

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